Tag Archives: Coffee

London Life just Pubs by Photographer Shane Aurousseau

https://www.behance.net/gallery/71066439/London-Just-Pubs

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The Streets of London- Shane A

The Streets of London Images of London Photographer – Shane Aurousseau Shane A

Click for review Link: http://www.allaboutshipping.co.uk/2015/12/16/diversity-world/

the-wedding-party
The Wedding party

 

street-talk
Street Talk

 

street-watching
Just Observing
late-home
Late Bus
the-cook
The Chef

 

Twitter: https://twitter.com/Growlerythought

Web: www.kiamafoto.com

Blog: www.shaneasite.com

Review Link: http://www.allaboutshipping.co.uk/2015/12/16/diversity-world/

Link: https://fineartfotoblog.wordpress.com/2016/09/14/featured-artist-of-the-month-shane-aurousseau/

Call: +44 7778 058064

Email: shanea@kiamafoto.com

 

 

 

 

 

 

 

 

The Streets of London – Shane A

The Streets of London – Images of London Photographer – Shane Aurousseau Shane A

Click for review Link: http://www.allaboutshipping.co.uk/2015/12/16/diversity-world/

coffee-morning

service

the-sleeper

the-business-manager

transport

Twitter: https://twitter.com/Growlerythought

Web: www.kiamafoto.com

Blog: www.shaneasite.com

Review Link: http://www.allaboutshipping.co.uk/2015/12/16/diversity-world/

Call: +44 7778 058064

Email: shanea@kiamafoto.com

Stamp-26-4-2016-2-cut

 

 

 

 

 

 

 

 

Trader Jack – Neil Behrmann

This may seem like a strange blog for an Australian Photographer, however in my checkered career I did a stint in the financial world in the City of London, including running hedge funds and as business development director for the European side of a New Zealand investment bank.

City of London financial centre - Image Shane Aurousseau
City of London financial centre – Image Shane Aurousseau

I learnt one thing during my association with the City there is little interest in clients the main myopic focus is on Fees and bonuses. This is why so many scandals are coming into the public domain; it’s all about making money in the short term then getting out. The LIBOR and Forex fixing by the banks using young traders, Nick Leeson (and his famous lucky Chinese 88888 account). This is not to mention some of the big US frauds, Madoff and Petters both multi-Billion Dollar frauds. The list of investors and feeder funds into Madoff is enormous including some of the biggest names in the banking and investment world with massive due diligence departments – just shows how greed can overrule Logic and management focus.

Scandals/ frauds are certainly coming thick and fast. There has been foreign exchange, precious metals, at least two rigging scandals about Libor(previously mentioned) and  now an investigation into whether the banks rigged the liquidity auctions back at the heart of the financial crisis itself.

The Serious Fraud Office is investigating the Bank of England’s crisis-era liquidity auctions  believed to relate to a £180bn funding scheme that was ended by the BoE in 2010.

In  September 2011, the Swiss bank UBS announced that it had lost over 2 billion dollars, as a result of unauthorized trading performed by Kweku Adoboli, a director of the bank’s Global Synthetic Equities Trading team in London.

On 24 September 2011, Oswald Grübel, the CEO of UBS, resigned “to assume responsibility for the recent unauthorized trading incident”, according to a memo to UBS staff.[3][4] On 5 October Francois Gouws and Yassine Bouhara, the co-heads of Global Equities at UBS, also resigned.[5] It later emerged that UBS had failed to act on a warning issued by its computer system about Adoboli’s trading.[6][7][8]

London financial centre Canary Wharf - Image Photographer Shane Aurousseau
London financial centre Canary Wharf – Image Photographer Shane Aurousseau

As I mentioned they are coming thick and fast. All this naughtiness brings me to a culture that exists in many of the major financial centres, London, New York and others. The culture that exists in the great financial centres of the world is one of of hiring young people from major universities and elsewhere and allowing these youngsters to trade unsupervised in many cases billions of dollars. Youth will gamble so youth is hired and allowed to gamble the bank’s or fund’s assets. In reality these funds are not the bank’s or fund managers funds but the investors and until recently the account holders. This culture is one where the senior management know exactly what is happening and the bet is taken on youth. It the gamble goes wrong then youth is disowned in favor of management survival. If the the Kobe earthquake had not happened Nick Leeson may have been a hero – The bank knew exactly what was going on- ‘youth gambles’ and wise men(if all goes to plan) pick-up the profits.

Remember the arrogance of the ‘Flaming Ferraris’ five young City slickers, the son of Lord Archer among them, striding from a stretch limousine to whoop it up at their exclusive Christmas bash. These were the so-called ‘Flaming Ferraris’, the world’s most successful share traders – named after their favorite rum-and-Grand Marnier cocktail. The five would, it was said, bet up to £3 billion a time on a deal, and then expected to share a £5 million bonus. Like many of these young trader’s with little real life experience and the arrogance of youth it ended in tears.

Trader Jack - Neil Behrmann - the story of a young City trader
Trader Jack – Neil Behrmann – the story of a young City trader

Neil Behrmann’s Trader Jack addresses the City financial youth culture in a great yarn told with a considerable amount of accuracy. It really is a good read and is based on a very real and dangerous City culture.

Trader Jack can be purchased via: Amazon  http://www.amazon.co.uk/Neil-Behrmann/e/B005HA9E3M:

Australian Photographer – Shane Aurousseau

Australian Outback Towns – the Australian Photographer Shane Aurousseau

Australia Molong 'Time Warp' town
Australia Molong ‘Time Warp’ town
Australia NSW Wellington  Lion of Waterloo Pub 1840
Australia NSW Wellington Lion of Waterloo Pub 1840
Australia Clunes Victoria nr Ballarat
Australia Clunes Victoria near Ballarat
Australia Condobolin NSW Indian Pacific Railway
Australia Condobolin NSW Indian Pacific Railway

Most people know Australia by the traditional icons, Sydney harbour Bridge, Opera House, Uluru/Ayers Rock, long beaches with surfers, the Barrier Reef. There is another Australia that I grew up in travelling west inland from the east coast and northern Victoria. This region is where Australia began as people moved inland from Sydney and Melbourne in order to work and mine the land and  is where much of the current exciting development is today.

When I first left Australia it was a country of 8 to 9 million people, today it is a nation of 23 million. A country rich in commodities, gold, tin, copper, bauxite, sheep, cattle (beef and dairy) and fine wines. I found large numbers of prosperous small towns, looking like something out of the wild west with their typical awning and veranda architecture stuck in a ‘time warp’ from the 1800s to 1950s, towns with young populations. Driving into a town full of period history and finding a delicatessen selling food products from all over the world and a coffee shop promoting panini with Mediterranean vegetables and of course the inevitable Chinese restaurant. Small towns with massive Cole’s or Woolworth’s supermarkets servicing the outlying sheep stations, farms, mines and now vineyards spread out over 1000s of kilometers from South Australia across NSW and into Queensland. Towns full of young people working in the the lucrative world of physical commodities. Australia is a country of growing importance and influence in Asia, a country that has become of great importance to the development of China.

The Chinese the greatest of trading people have seen the importance of this commodity rich country and have in great numbers began to call it home. While sitting in Condobolin a small sheep and mining town inland NSW, I was asked by a cousin what we should do tonight, “do you want a Chinese” he asked. Of course three shops in town, coffee shop, supermarket and Chinese restaurant. i should add there is always a pub selling great old and new beer. Most pubs in this region have a history dating from the 1800s. The Chinese are bringing real wealth to the country and are living alongside the Australians and easily integrating. Australia is a country in transition a country that is creating a new race of people who are developing and promoting its exciting commodity wealth. Sales of Merino wool are on the increase again. Merino wool the world’s finest  wool in the past too expensive for the Chines market, however many sheep stations have lowered the micron quality and can now put this fine wool into a cost bracket that suits the Chinese market, allowing them to still brand products Merino.

Australia NSW Condobolin Merino wool
Australia NSW Condobolin Merino wool
Australia NSW Condobolin Merino Sheep
Australia NSW Condobolin Merino Sheep

There is so much life in the Australian outback its commodity wealth and its vast beauty from red ochre laced dust to the never ending cobalt blue skies. The wealth of this region is now attracting the young.  I have added a quote I found on the the front of a pub in an outback town.

Australia NSW pub poem
Australia NSW pub poem

I currently live in London for business reasons, working as a photographer, am an Australian citizen and proud to call myself an Australian.

Shane Aurousseau : http://www.kiamafoto.com